/biz/ - Business & Finance

[Anonymous No.10021793]

Zoom out guys. This isnt over.

[Anonymous No.10021804]

>>10021793
Get out while you can.

[Anonymous No.10022192]

Maybe bitcoin will be bullish by 2030. But for now we must find new meme biznesses

[Anonymous No.10022207]

>>10021793
Looks exactly like every alt-coin pump and dump except the timescale is greater.

[Anonymous No.10022217]

>>10021793

[Anonymous No.10022228]

>>10021793
History doesn’t repeat itself brainlet, history and reality are fluid and never the same from one moment to the next. It’s only brainlets who think history repeats itself.

[Anonymous No.10022273]

>>10021793
AAAAAAAAAAAAHAHAHAHAHAHAHAHHAAHHAAHAHAHAHHAHA SELL SELL SELL!!!!!1111!!!

[Anonymous No.10022274]

>>10021793
it hasn't even started

[Anonymous No.10022276]

>>10022207
thats cause it was all a giant pump and dump. Takes this long to multiply billions, cant do that on shitcoins

[Anonymous No.10022290]

>>10022274
what kinda chart is this? How do you even get this?

[Anonymous No.10022303]

>>10022290
lrn2 trading view

[Anonymous No.10022311]

>>10022290
its a log chart, bears use it to make it look like we'll be in a multi year bear market.

they intentionally neglect to mention the fact that crypto is finally seeping into the mainstream. libritarian boomers fomo'd in last year, get ready for stacey and chad to fomo in at the end of this year.

[Anonymous No.10022329]

>>10022311
it'll come down in the 4k range and then blow up. It's a giant ABC elliott wave

[Anonymous No.10022348]

>>10022311
wtf is log scale and why are people looking at it?!

[Anonymous No.10022368]

>>10022348
because the intrinsic value of bitcoin is predicated on the number of people using it the price has a parabolic growth rate. It helps to understand bitcoin's growth if you look at it from a logarithmic scale

[Anonymous No.10022371]

>>10022290
It's semi-log plot. The x-axis increases by orders of magnitude (powers of ten; 10^1, 10^2, etc) instead of linearly.

Notice how it's skewed to small values (which show up as large movement on the chart) over large values (which barely move at all)? You can guess why this sort of chart is popular with bitcoiners.

[Anonymous No.10022374]

G-guys I just realized something. If you STILL haven't sold you're literally going to get assfucked in straight in your asshole. We're in for AT THE VERY LEAST a 6 year bear market and we're going way below even $500. Proof is in the pic.

[Anonymous No.10022382]

>>10022371
Y-axis, sorry.

[Anonymous No.10022395]

>>10022374
>bitcoin going down to 3 fiddy

[Anonymous No.10022409]

>>10022329
People will not start using it until it has a function and is easy to use. We are years away from any sort of functionality hence the need for a multi year bear market.

[Anonymous No.10022419]

>>10022374
If we get a death cross for the first time in two and a half years then maybe

[Anonymous No.10022425]

Get ready for a 2 year bear market.

[Anonymous No.10022437]

>>10022419
What line is that? 50 ma?

[Anonymous No.10022450]

>>10022419
What line is that? 50 ma?

[Anonymous No.10022464]

>>10022437
>>10022450

[Anonymous No.10022483]

>>10022450
21 exponential

[Anonymous No.10022535]

>>10022425
>>10022419
>>10022374
>>10022274
im so fucking fucked.
my wife is gonna kill me

[Anonymous No.10022556]

>>10022535
get fucked dumbass

[Anonymous No.10022589]

>>10022556
suck my dick faggot
i will suck your fucking dick

[Anonymous No.10022638]

>>10022589

[Anonymous No.10022644]

Fucking retards. Chinese regulations are coming and will force wall street to act much sooner than they want. At max another 6 month bear market.lol

[Anonymous No.10022835]

>>10022589
kek

[Anonymous No.10022875]

>>10022419
USE THE MONTHLY

[Anonymous No.10022907]

>>10022644
time doesn't matter, true bottom is when /biz becomes slow and full of life advice/robinhood threads or when r/cryptocurrency has barely any up votes on their threads. There wont be any wojaks and it'll be as if crypto almost didnt exist.

it will take as long as it is needed

[Anonymous No.10022964]

>>10021793
buying back in when btc falls below 2k. anyone buying in before then is an idiot. its so obviously manipulated by big money. theyre just going to push btc back down to an ultra cheap price, buy a shitload of everything and then pump it back up to dec/jan levels again

[Anonymous No.10023556]

>>10022964
Imagine being this retarded

[reluctant kneepad girl No.10023595]

>guys zoom out
>use the supereon

[Anonymous No.10024854]

[Anonymous No.10024865]

This is some really juicy normie sentiment.

Thanks.

[Anonymous No.10024885]

>>10021793
first correction is almost over, now we got two more waves up

[Anonymous No.10024896]

>>10022274
there are multiple bubbles in btc history (or crypto in general)

i think this chart makes much more sense (log or not) compared to chart of op because it shows recent history and the time before the crazy bull in nov/dec/jan.

i think worst case would be 3-4k - but i also think we might hit good support around 4.8k-5k. nobody knows maybe 5.8k was rock bottom and the golden bull is upon us.

cheers

[Anonymous No.10024897]

There is no fucking way BTC falls below 3k

[Anonymous No.10024937]

>>10024897
It won't go below ~$4500 at the absolute minimum, more likely we will see BTC settle between 5-6k then go flat til november for a fake out bull run to 10-12k into a correction in january back to 5-6k, then we will see the true golden bull run in 2019.